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Your Guide on “Seven Steps to deal with the rent cap removal”

 

The Abu Dhabi Rent Cap was first introduced in 2006 by what has become known the Tenancy Law. Set at 7 percent per year, percent meant tenancy agreement coming up for annual renewal could only be to a mapercentrent increase.

This was later tightened to 5 per cent to combat rental rates that were spiraling out of control because of an expanding population and very little residential construction.

 
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